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| Title | Hyperspectral Imaging System Market Trends, Size, Share, Analysis Reports 2030 |
|---|---|
| Category | Fitness Health --> Health Articles |
| Meta Keywords | Hyperspectral Imaging System Market, Hyperspectral Imaging System Market Size, Hyperspectral Imaging System Market Industry, Hyperspectral Imaging System Market Research, Hyperspectral Imaging System Market Analysis, |
| Owner | Vaibhav |
| Description | |
| Hyperspectral Imaging System Market According to MRFR analysis, Hyperspectral Imaging System Market Report size will grow USD 16.3 Billion with
18.10% CAGR during the forecast period. Hyperspectral imaging system has wide applications in areas such as art
conservation, vegetation, water resource control, archaeology, food quality,
forensic medicine, crime scene detection, and forensic medicine. HSI technology
is mainly used by the defence sector, government agencies, and non-military
application sectors such as agriculture and mineral. The growth of the
global hyperspectral imaging system market is boosted by various factors such
as the growing industrial applications of hyperspectral imaging, Technological
advancements in electronics industry, such as sensor design, high spectral
resolution, high spatial resolution, compact and lightweight devices, growing
prevalence of cancer, and increasing awareness of innovative diagnostics
methods. Additionally, the
introduction of innovative products in the market is expected to drive the
growth of the market during the forecast period. For instance, In January 2020,
Specim, Spectral Imaging Ltd. (Finland), launched Specim’s new AFX10, a compact
hyperspectral camera for airborne use. Specim’s new AFX10 is easy to use
and can be used to check water quality, estimating the fertilizing need in
agriculture, identifying vegetation species, or studying wildlife population However, the high
cost associated with the use of hyperspectral imaging and scarcity of qualified
professionals is likely to hamper the growth of the market during the forecast
period. Hyperspectral Imaging System Market Trends and Analysis by Product, Application
and Region - Forecast till 2030 Several market
players currently dominate the global hyperspectral imaging system market. The
key players are engaged in product launches and strategic collaborations to
strengthen their market positions. Major Key
Players: Some of the Key Hyperspectral Imaging System Market Players are Headwall
Photonics, Inc. (the US), Specim, Spectral Imaging Ltd. (Finland), Norsk
Elektro Optikk as (NEO) (Norway), Resonon, Inc. (the US), Corning
Incorporated(US), Telops (Canada), Applied Spectral Imaging(US), Bayspec,
Inc.(the US), Surface Optics Corporation (US), Chemimage Corporation (US),
Cubert GmbH (Germany), Raytheon (US), Galileo Group, Inc.(the US), Hypermed
Imaging, Inc.(the US), Inno-Spec (Germany), Camlin Group Ltd. (UK), IMEC (Belgium),
XIMEA GmbH (Germany), among others. Segment Analysis The Global Hyperspectral Imaging System Market has
been segmented based on Product, Technology, and Application. The market, based on product, has been divided into
visible/near-infrared (VNIR), short-wave infrared (SWIR), mid-wave infrared
(MWIR), long-wave infrared (LWIR). The Visible/Near-Infrared (VNIR) systems
segment is likely to be the largest due to the high adoption of
visible/near-infrared (VNIR) systems in various industries. The mid-wave
infrared (MWIR) segment is predicted to be the fastest-growing due to
increasing awareness about the rising adoption of MWIR systems in detecting
volcanic vents, industrial gas leaks, or biomass burning events. The global hyperspectral imaging system market has
been segmented, based on the technology, into push broom, snapshot, and hyperspectral
imaging camera others. The push broom segment is anticipated to be the largest segment
during the forecast period due to the rising popularity of these devices owing
to the simplified illumination requirements, minimized illumination exposure,
high spectral resolution, and heat load, and the shorter capturing time. The applications segment of the global
hyperspectral imaging system market surveillance, remote sensing, machine
vision/optical, and medical diagnostics. The surveillance segment is likely to
hold the maximum share during the forecast period due to the rising adoption of
innovative technologies in the defense sector. Regional Analysis The Market has been divided, by
region, into the Americas, Europe, Asia-Pacific, and the Middle East &
Africa. The Americas held the maximum
share in the year 2018, owing to the presence of established key players in
countries such as the US and Canada. The hyperspectral imaging system market in
the Americas has further been categorized into North America and Latin America,
with the North American market further divided into the US and Canada. The
European hyperspectral imaging system market has been categorized as Western
Europe and Eastern Europe. The Western European market has been classified as
Germany, France, the UK, Italy, Spain, and the rest of Western Europe. The
hyperspectral imaging system market in Asia-Pacific has been segmented into
Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The
hyperspectral imaging system market in this region is anticipated to be the
fastest growing during the assessment period due to the rising mining
activities, and blooming healthcare, agriculture, and biotechnology sector in
the region. The hyperspectral imaging system market in the Middle East &
Africa has been divided into the Middle East and Africa. About Market Research
Future At Market Research Future (MRFR), we enable our
customers to unravel the complexity of various industries through our Cooked
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optimum quality market research and intelligence services to our clients. Our
market research studies by products, services, technologies, applications, end
users, and market players for global, regional, and country level market
segments, enable our clients to see more, know more, and do more, which help to
answer all their most important questions. In order to stay updated with technology and work
process of the industry, MRFR often plans & conducts meet with the industry
experts and industrial visits for its research analyst members. Contact us: Market Research Future
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